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Hong Kong's C C Land in talks to buy Leadenhall Building in London
March 1, 2017 / 1:07 AM / in 9 months

Hong Kong's C C Land in talks to buy Leadenhall Building in London

HONG KONG, March 1 (Reuters) - Property developer C C Land Holdings Ltd said on Wednesday it was in “advanced discussions” regarding a potential acquisition of Leadenhall Building in London.

No formal agreement has been reached, the Hong Kong-based company said in a filing to the Hong Kong bourse. It gave no further details.

The Financial Times has reported that C C Land is in talks to buy the building for one billion pounds ($1.24 billion).

The Leadenhall Building is also known as “The Cheesegrater” on account of its sloping shape.

The building comprises 610,000 square feet of office and retail space over 45 floors. ($1 = 0.8083 pounds) (Reporting by Donny Kwok; Editing by Stephen Coates)

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